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Express Lane Invoice Processing Orbit

Say goodbye to your manual invoice processing with ELIPO

Why is Account Payable transformation so important for CFOs/AP Heads?

Streamline Invoice Processing

ELIPO is built to transform your company’s current accounts payable process.

No matter how many invoices you have, relevant information will automatically be extracted, assigned to the designed workflow, and routed electronically for approval.

Once invoices get your approval, they flow directly into your accounting system for payment.

Business Benefits of ELIPO

Reduce Cost

Reduce cost per Invoice significantly by adopting ELIPO

Efficient Process

Significantly increases process efficiency & effectiveness

Reduce Errors

Reduce errors which may arise due to manual data entry

Early Pay Discount

Avail early Vendor Payment discounts. Avoid late payment penalties

Improves Compliance

Provides complete digital audit trails to facilitate audits quickly, helps improve compliance

Fraud Avoidance

Increases chances of fraud detection and duplicate invoice processing by processing invoices in a secure environment

Improve Cash Flow

Improve Cash Flow and Working Capital Management by digitalizing AP processes

Strategic Vendor Management

Prioritize invoice processing for specific strategic vendor & not on First In First Out (FIFO) basis

Improve Supplier Relations

Improves Supplier relations by paying vendors timely and accurately

Review On Demand

Extract Weekly/Monthly Reports based on query. Conduct Management Review with up to date dashboard

Improve Employee Morale

Reduce people spending time on repetitive work and move them to non-repetitive higher value jobs.

Save Environment & Costs

Reduce paper invoices and save on printing, storage and manual retrieval costs

Improves Compliance

Provides complete digital audit trails to facilitate audits quickly, helps improve compliance

Fraud Avoidance

Increases chances of fraud detection and duplicate invoice processing by processing invoices in a secure environment

Improve Cash Flow

Improve Cash Flow and Working Capital Management by digitalizing AP processes

Strategic Vendor Management

Prioritize invoice processing for specific strategic vendor & not on First In First Out (FIFO) basis

Improve Supplier Relations

Improves Supplier relations by paying vendors timely and accurately

Review On Demand

Extract Weekly/Monthly Reports based on query. Conduct Management Review with up to date dashboard

Improve Employee Morale

Reduce people spending time on repetitive work and move them to non-repetitive higher value jobs.

Save Environment & Costs

Reduce paper invoices and save on printing, storage and manual retrieval costs

Features of ELIPO

State of Art Technology

Optical Character Recognition (OCR) technology to scan and extract invoice data automatically. Further automation is achieved using Robotic Process Automation (RPA)

Customizable Approval Flow

Flexi and easy customizable-approval flow engine to design approval flows with predefined timelines

Configurable Business Rules

Manage Account payable process automatically using configurable business rules

Unified Digital Cockpit

A 'Unified Digital Cockpit' shows invoices to be processed and invoices under process & supporting documents required for approval

Generate Reports

Various reports can be generated for Management Review and to analyze the current state of the process

Detect Duplicate Invoices

Is able to quickly handle and detect suspected duplicate invoices

ELIPO Business Value Drivers

Information Technology Excellence

Paper archiving elimination

Legacy decom

Cloud-Based

Procurement Excellence

Better supplier relationship

Reduce P2P cycle time

Scan to pay Process agility

Financial Excellence

Invoice 2pay closure

Checks & approvals

Accounts Payable

Want to know more?

Schedule a Demo

How to make your AP function even more strategic